Apple Pay Cash is now available for all iPhone users in the US

Apple’s money transfer service- Apple Pay Cash is now rolling out to all the iPhone users in the US. The update will be arriving gradually to those who’ve downloaded iOS 11.2, which launched two days back. Last month, Apple had launched Apple Pay in beta version for the US customers.

Apple Pay Cash is a feature that lets users send and receive money directly through iMessages, similar to Venmo or Square Cash. Money that people send you will live on a digital Apple Pay Cash card in the Wallet app, which users can spend anywhere that Apple Pay is accepted, or send to other people. Currently, Apple Pay Cash is only available in the US, but it appears that the early release of iOS 11.2 hindered the full rollout of Apple’s new payment system. However, there is no word on international expansion.

Payments received are applied to the virtual debit card in the Wallet app which can be used to make contactless payments in stores as well as in apps and online where Apple Pay is accepted. You can also cash out your Apple Pay Cash balance to your bank account.